Business News

Hong Kong and Switzerland held the Eighth Hong Kong–Switzerland Financial Dialogue in Bern on 29 January, aimed at strengthening cooperation in financial services between the two markets. The dialogue was co-organised by the Hong Kong Monetary Authority (HKMA) and the State Secretariat for International Finance (SIF) under Switzerland’s Federal Department of Finance. It was chaired […]

VinFast Indonesia has signed a strategic cooperation agreement with the Subang Regency Government and toll road operator PT Lintas Marga Sedaya (PT LMS) to develop a new interchange on the Cikampek–Palimanan (Cipali) Toll Road, the company said on Wednesday. The project involves the construction of the Manyingsal Interchange at Km 115+500 on the Cipali Toll […]

Malaysia Airlines today announced a landmark partnership with the Mumbai Indians, India’s most successful and widely followed cricket franchise, as Associate Sponsor and Official Global Airline Partner. The collaboration marks a significant milestone in Malaysia Airlines’ sports-led brand and commercial growth strategy across priority global markets, while reaffirming India as one of the airline’s most […]

Citi today announced a series of leadership appointments within its corporate banking business, reinforcing its global banking franchise and strengthening senior leadership across regions. Jason Rekate has been appointed Global Chair of Corporate Banking, and John Chirico has been named Global Chair of Investment Banking. Both will report to Viswas Raghavan, Citi’s Head of Banking […]

Advantest Corporation has selected Anaqua‘s AQX® platform to manage its global intellectual property operations, Anaqua said on Tuesday. The move comes as semiconductor companies adjust to faster development cycles driven by artificial intelligence, electrification, and next-generation devices. Advantest is seeking to standardize internal processes, streamline IP workflows across its global offices, and reduce operational complexity […]

Global investors are reallocating capital away from the United States toward international markets amid rising geopolitical uncertainty, according to discussions at the Asian Financial Forum 2026. Global equity funds recorded net outflows of US$43.2 billion last week, the largest on record, including US$16.8 billion from US markets, based on data from BofA Global Research. The […]

C Capital, an APAC private asset manager, has acquired a 507-hectare landholding in Beveridge, Victoria, within the Northern Freight Precinct, which connects to the Inland Rail project. The site will support logistics, industrial, and data centre development in metropolitan Melbourne. C Capital has appointed Lendlease as Master Development Partner to manage rezoning, infrastructure enablement, and […]

Southco, a global leader in engineered access solutions, today announced the grand opening of its new manufacturing facility in Chon Buri, Thailand, marking a significant milestone in the company’s continued expansion across Southeast Asia. The new facility strengthens Southco’s regional presence and enhances its ability to serve customers more efficiently by reducing lead times, improving […]

Singapore, January 28, 2026 — HeyMax, a Singapore-headquartered travel and loyalty rewards platform, has raised US$11 million in a Series A funding round led by Peak XV Partners, with participation from Betatron Venture Group and continued support from January Capital and Tenity. The round also includes strategic investments from Rob Rosenstein, Co-founder and Chairman of […]

Wood Mackenzie shares critical pathway for India to navigate energy security and transition while maintaining 6% GDP growth through 2035

Raffles Family Office (RFO) has appointed Pradinan Arkarachinores as Managing Director, Relationship Management, strengthening its senior leadership team as the firm continues to serve the evolving needs of ultra-high-net-worth families across Asia. In her new role, Ms. Arkarachinores is responsible for leading and managing a relationship management team overseeing portfolios for ultra-high-net-worth Asian families. Her […]

Wisdom Family Office (Wisdom Group), a multi-family office providing institutional-grade solutions to ultra-high-net-worth families and their advisers, has appointed Arthur Fong as Managing Director and Senior Advisor. Mr. Fong brings more than two decades of experience in global wealth management and financial services. He joins Wisdom from Paragon Capital Management, where he established and led […]

Deutsche Bank has expanded its investment management capabilities in North Asia with the appointment of Stephen Yeung as Director within its Investment Management (IM) team, according to an internal memo. Based in Hong Kong, Yeung will be part of the North Asia coverage team and will report to Stephen So. Yeung brings more than 20 […]

QBE Re, the reinsurance division of QBE Insurance Group, today announced the appointment of Sven Liu as Head of Greater China, a newly created role reflecting the company’s strategic focus on expanding its Asia footprint. Based in Singapore, Liu will be responsible for overseeing portfolio management and driving growth opportunities across the Greater China region. […]

IPC Systems (“IPC”), a global provider of secure, compliant communications and multi-cloud connectivity solutions, has entered an exclusive partnership with Vsense FinTech, Inc., a Taiwan-based developer of FPGA-powered trading solutions. Under the agreement, IPC will serve as the exclusive global distributor and white-label reseller of Vsense’s high-performance FPGA solutions. These hardware-based systems bypass software overhead, […]

Fundbox, a provider of embedded capital infrastructure for small businesses, has expanded into Australia, bringing its technology, underwriting, and funding capabilities to platforms serving Australian small and medium-sized businesses (SMBs). As part of its market entry, Fundbox is supporting the launch of digital, embedded capital products for platforms operating in Australia, enabling SMBs to access […]

Singapore, 22 January 2026 — The Singapore Emission Factors Registry (SEFR) has added 94 new emission factors (EFs), expanding Singapore’s carbon data infrastructure and enabling businesses to report emissions more accurately. With this update, SEFR now contains 319 emission factors, covering all Scope 1 and Scope 2 emissions, as well as four Scope 3 categories: […]

JLL (Jones Lang LaSalle), a leading global commercial real estate services firm, has expanded its hotels advisory and asset management platform in Australia and New Zealand with two senior appointments, reinforcing its commitment to supporting clients across the region’s evolving hospitality market. JLL has appointed Wesley Milsom as Executive Vice President, Asset Management & Strategic […]

HSBC, one of the world’s leading banking and financial services organizations, today announced a strategic partnership with Harvey AI, a pioneering artificial intelligence platform for legal and professional services. This collaboration aims to enhance HSBC’s global legal function by integrating advanced AI capabilities to support controls, security, and regulatory compliance. The pilot program will deploy […]

Singapore, January 2026 – OCBC Bank, one of Asia’s leading financial institutions, today announced the formation of a dedicated Securities Financing Unit within its Global Markets division. The new unit will focus on providing lending solutions against securities held in client accounts across OCBC Bank and its subsidiaries, including OCBC Securities, Bank of Singapore, and […]

The International Finance Corporation (IFC), the World Bank Group’s private sector arm, has appointed new regional leadership to support private sector development across Asia and the Pacific. Sarvesh Suri has been named Regional Vice President for Asia and the Pacific and will be based in Singapore. He will oversee IFC operations from India to the […]

Everstone Capital invests significant additional capital to create a scaled platform

In 2025, more than 10 major power outages affected over 1.2 billion people worldwide, underscoring the need for stable and resilient power systems. As countries accelerate carbon neutrality goals, power grids face increasing complexity from renewable energy integration, electrification, and variable loads. These changes require greater system flexibility and control. Jason Li, President of Global […]

Singapore – Knight Frank has appointed Priscilla Rotgans as Chief Financial Officer for Asia-Pacific, effective immediately, the company announced on Friday. Based in Singapore, Rotgans will report to Craig Shute, Chief Executive Officer, Asia-Pacific, and work closely with Sarah Mussenden, Group Chief Financial Officer, based in London. She will also join Knight Frank’s Asia-Pacific Regional […]

Singapore – Bank of Singapore has appointed Collins Chin as its global Chief Financial Officer, effective immediately. In his new role, Chin will also join the bank’s Global Management Committee and report directly to CEO Jason Moo. Chin joins Bank of Singapore from OCBC, where he served as Head of Investor Relations. He has over […]

SK Telecom (NYSE: SKM) announced that the SKT consortium has passed the Phase 1 evaluation of the Korean government’s Sovereign AI Foundation Model project and has advanced to Phase 2. The consortium’s model, A.X K1, is Korea’s first hyperscale AI model, with a total of 519 billion parameters. In the Phase 1 evaluation conducted using […]

Coda announced that it is integrating Unity‘s In-App Purchasing (IAP) SDK with Coda’s global web store platform, allowing developers to manage their digital catalogs across mobile, web, and PC through Unity’s existing IAP workflow. The integration enables developers to launch branded web stores with minimal code changes while using the same product management and purchasing […]

Prudential has appointed Sir Douglas Flint as a non-executive director and chair designate, effective March and subject to regulatory approval, the company said in a statement. Flint will also join Prudential’s Nomination & Governance Committee and Remuneration Committee. He will succeed Shriti Vadera, who will retire as board chair after six years of service. Flint […]

Sun Life has appointed Frankie Leung as Chief Agency Officer for Asia, effective March 16, according to a company statement. Based in Hong Kong, Leung will be responsible for the company’s agency business across Asia, including agency recruitment, activation, compensation, training and development, and advisor recognition. He will report to David Broom, Chief Client and […]

State Street Investment Management has made a strategic minority investment in Groww Asset Management (Groww AMC), subject to regulatory approval. Groww AMC is the asset management arm of Billionbrains Garage Ventures, which operates the Indian digital investment platform Groww. The investment aligns with State Street Investment Management’s focus on expanding access to investment products and […]